[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.06.26 17:35
• [Fengcheng Oilfield completes boiler ultra-low nitrogen transformation]
• Recently, the low nitrogen transformation of steam injection boilers in Fengcheng Oilfield, Xinjiang has been fully completed, with emissions meeting standards and a significant reduction in failure rates, achieving a win-win situation of green and stable production.Editor/Gao Xue

• 2026.06.26 17:33
• [GCL's billion dollar intelligent computing base settled in Shaoguan]
• On June 23, 2026, GCL Energy Technology signed a contract with Shaoguan to invest in the construction of a billion dollar South China intelligent computing base, creating a zero carbon computing power base and empowering AI and low altitude economy in the Greater Bay Area.Editor/Gao Xue